STOREGADE 16-18 ApS — Credit Rating and Financial Key Figures

CVR number: 26988942
Skærbækvej 8, Vallund 6870 Ølgod

Company information

Official name
STOREGADE 16-18 ApS
Established
2004
Domicile
Vallund
Company form
Private limited company
Industry

About STOREGADE 16-18 ApS

STOREGADE 16-18 ApS (CVR number: 26988942) is a company from VARDE. The company recorded a gross profit of 223.7 kDKK in 2023. The operating profit was 213.8 kDKK, while net earnings were 1696.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 41.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. STOREGADE 16-18 ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit243.0056.00184.00207.00223.72
EBIT- 298.0055.00178.00197.00213.75
Net earnings- 206.001 097.00-75.00935.001 696.42
Shareholders equity total1 266.002 363.002 288.003 223.004 919.18
Balance sheet total (assets)7 059.007 617.007 745.008 642.0010 640.03
Net debt2 201.001 139.001 318.0068.00-1 846.35
Profitability
EBIT-%
ROA0.1 %15.5 %4.4 %15.3 %24.1 %
ROE-15.0 %60.5 %-3.2 %33.9 %41.7 %
ROI0.1 %15.6 %4.4 %15.5 %25.0 %
Economic value added (EVA)- 585.3354.95119.70157.87175.28
Solvency
Equity ratio17.9 %31.0 %29.5 %37.3 %46.2 %
Gearing450.7 %219.4 %233.4 %157.6 %105.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.21.11.41.8
Current ratio1.01.21.11.41.8
Cash and cash equivalents3 505.004 045.004 023.005 013.007 021.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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